Thai Reinsurance PCLBKK:THRE-R 42 Debt-to-EBITDA is 0.02 as of Mar. 2026, which is 33% below its 10-year median of 0.03. GuruFocus rates BKK:THRE-R with a GF Score™ of 42/100 and a GF Value™ of ฿0.47. The stock has 3 warning signs investors should review. Among 324 Insurance companies, Thai Reinsurance PCL ranks better than 91.36% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Thai Reinsurance PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:THRE-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.02 Med: 0.03 Max: 0.68
Current: 0.05
During the past 13 years, the highest Debt-to-EBITDA Ratio of Thai Reinsurance PCL was 0.68. The lowest was -0.02. And the median was 0.03.
BKK:THRE-R's Debt-to-EBITDA is ranked better than 91.36% of 324
companies
in the Insurance industry
Industry Median: 1.175
vs BKK:THRE-R: 0.05
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Thai Reinsurance PCL Debt-to-EBITDA Related Terms
Thai Reinsurance PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Thai Reinsurance PCL's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BKK:THRE-R vs RGA, EG, RNR: Debt-to-EBITDA Comparison
For the Insurance - Reinsurance subindustry, Thai Reinsurance PCL's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thai Reinsurance PCL Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Thai Reinsurance PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thai Reinsurance PCL's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Thai Reinsurance PCL (BKK:THRE-R) has a Debt-to-EBITDA of 0.02 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Thai Reinsurance PCL. This is 33% below median its historical median of 0.03. According to the industry distribution chart, Thai Reinsurance PCL ranks #28 out of 324 companies in the Insurance industry, placing it in the top 8.6%.
Is Thai Reinsurance PCL's Debt-to-EBITDA too high?
Thai Reinsurance PCL's current Debt-to-EBITDA of 0.02 is 33% below median its 10-year median of 0.03. The Insurance industry median Debt-to-EBITDA is 1.18. Thai Reinsurance PCL's value of 0.02 is 98.3% below this industry median. Based on the distribution chart, Thai Reinsurance PCL ranks #28 out of 324 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Reinsurance PCL has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Thai Reinsurance PCL's Debt-to-EBITDA compare to RGA and EG?
According to the Insurance industry distribution chart, Thai Reinsurance PCL ranks #28 out of 324 companies for Debt-to-EBITDA. This places Thai Reinsurance PCL in the top 9% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.18. Thai Reinsurance PCL's value of 0.02 is 98.3% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 1.18, Thai Reinsurance PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.18, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Reinsurance PCL's current Debt-to-EBITDA of 0.02 is 98.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Thai Reinsurance PCL. For the Insurance industry, the median Debt-to-EBITDA is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Reinsurance PCL's current Debt-to-EBITDA is 0.02, which is 33% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Reinsurance PCL stock overvalued right now?
Thai Reinsurance PCL (BKK:THRE-R) has a current Debt-to-EBITDA of 0.02. The stock's GF Value™ is ฿0.47, compared to a current price of ฿0.39 — trading 17% below its estimated fair value. The current Debt-to-EBITDA is 0.02, which is 33% below median its 10-year median of 0.03 and 98.3% below the Insurance industry median of 1.18. Thai Reinsurance PCL's overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Thai Reinsurance PCL (BKK:THRE-R), the current Debt-to-EBITDA is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thai Reinsurance PCL (BKK:THRE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Reinsurance PCL stock appears to be undervalued.
The current stock price of ฿0.39 is trading 17% below its estimated GF Value™ of ฿0.47.
Key valuation signals for BKK:THRE-R:
Debt-to-EBITDA: 0.02 (33% below median its 10-year median of 0.03)
GF Value™: ฿0.47 vs. price of ฿0.39 (17% below fair value)
Industry Position: 98.3% below the Insurance median (#28 of 324)
No single metric tells the full story. See the BKK:THRE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Reinsurance PCL provides reinsurance for non-life businesses diversify risk, including but not limited to property, personal accident, engineering, and marine and cargo risk. The company provides two main types of reinsurance contracts: facultative reinsurance and treaty reinsurance. Its segments include Motor insurance and Non-motor insurance. The majority of the revenue is derived from Non-motor insurance segment. The group operates in Thailand only.
42GF Score
Get the complete analysis for BKK:THRE-R
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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